Barnes Group, Inc. (B) financial statements (2020 and earlier)
Company profile
| Business Address |
123 MAIN ST BRISTOL, CT 06010 |
| State of Incorp. | DE |
| Fiscal Year End | December 31 |
| SIC | 349 - Miscellaneous Fabricated Metal Products (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 80 | 101 | 145 | 66 | 84 | 46 | 71 | ||
| Cash and cash equivalents | 80 | 101 | 145 | 66 | 84 | 46 | 71 | ||
| Receivables | 370 | 382 | 349 | 287 | 262 | 276 | 259 | ||
| Inventory, net of allowances, customer advances and progress billings | 254 | 266 | 242 | 228 | 209 | 212 | 211 | ||
| Inventory | 254 | 266 | 242 | 228 | 209 | 212 | 211 | ||
| Contract with customer, asset | 21 | ✕ | ✕ | ✕ | ✕ | ✕ | |||
| Other undisclosed current assets | 47 | 57 | 33 | 27 | 57 | 54 | 36 | ||
| Total current assets: | 772 | 806 | 769 | 608 | 612 | 588 | 577 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 364 | 371 | 359 | 334 | 309 | 299 | 303 | ||
| Intangible assets, net (including goodwill) | 1,506 | 1,592 | 1,197 | 1,156 | 1,116 | 1,150 | 1,184 | ||
| Goodwill | 923 | 956 | 690 | 633 | 588 | 595 | 650 | ||
| Intangible assets, net (excluding goodwill) | 583 | 637 | 507 | 522 | 528 | 555 | 534 | ||
| Other noncurrent assets | 50 | 20 | 28 | 13 | 24 | 26 | 58 | ||
| Other undisclosed noncurrent assets | 16 | 20 | 12 | 25 | 1 | 10 | 2 | ||
| Total noncurrent assets: | 1,936 | 2,003 | 1,597 | 1,529 | 1,450 | 1,485 | 1,546 | ||
| TOTAL ASSETS: | 2,708 | 2,809 | 2,366 | 2,138 | 2,062 | 2,074 | 2,124 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 327 | 350 | 309 | 269 | 228 | 320 | 294 | ||
| Accounts payable | 122 | 143 | 128 | 112 | 97 | 95 | 89 | ||
| Accrued liabilities | 205 | 207 | 181 | 157 | 131 | 161 | 155 | ||
| Employee-related liabilities | 42 | 38 | |||||||
| Taxes payable | 22 | 14 | |||||||
| Debt | 20 | 7 | 33 | 9 | 57 | ||||
| Deferred revenue and credits | ✕ | ✕ | 25 | 23 | |||||
| Deferred tax liabilities | ✕ | 2 | 4 | ||||||
| Other undisclosed current liabilities | 8 | 24 | (91) | (78) | |||||
| Total current liabilities: | 347 | 358 | 316 | 302 | 253 | 265 | 300 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation | 856 | 936 | 526 | 468 | 486 | 496 | 490 | ||
| Long-term debt, excluding current maturities | 856 | 936 | 526 | 468 | 486 | 496 | 490 | ||
| Liabilities, other than long-term debt | 294 | 132 | 111 | 199 | 196 | 201 | 192 | ||
| Pension and other postretirement defined benefit plans, liabilities | ✕ | ✕ | ✕ | ✕ | ✕ | 115 | 81 | ||
| Accounts payable and accrued liabilities | 66 | ||||||||
| Deferred tax liabilities, net | ✕ | 66 | 62 | 70 | 95 | ||||
| Deferred income tax liabilities | 95 | ✕ | ✕ | ✕ | ✕ | ✕ | ✕ | ||
| Liability, pension and other postretirement and postemployment benefits | 82 | 104 | 89 | 109 | 113 | ✕ | |||
| Other liabilities | 51 | 28 | 22 | 23 | 21 | 16 | 16 | ||
| Total noncurrent liabilities: | 1,150 | 1,069 | 636 | 667 | 682 | 697 | 682 | ||
| Total liabilities: | 1,497 | 1,426 | 952 | 969 | 934 | 962 | 982 | ||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 1,211 | 1,203 | 1,260 | 1,168 | 1,128 | 1,112 | 1,141 | ||
| Common stock | 1 | 1 | 1 | 1 | 1 | 1 | 1 | ||
| Treasury stock, value | (498) | (442) | (298) | (252) | (226) | (169) | (157) | ||
| Additional paid in capital | 483 | 471 | 457 | 443 | 428 | 406 | 390 | ||
| Accumulated other comprehensive income (loss) | (231) | (191) | (106) | (201) | (143) | (99) | 26 | ||
| Retained earnings | 1,456 | 1,364 | 1,207 | 1,177 | 1,069 | 975 | 881 | ||
| Total stockholders' equity: | 1,211 | 1,203 | 1,260 | 1,168 | 1,128 | 1,112 | 1,141 | ||
| Other undisclosed liabilities and equity | 180 | 153 | |||||||
| TOTAL LIABILITIES AND EQUITY: | 2,708 | 2,809 | 2,366 | 2,138 | 2,062 | 2,074 | 2,124 | ||
Income statement (P&L) ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 1,505 | 1,496 | 1,436 | 1,231 | 1,194 | 1,262 | 1,092 | |
| Revenue, net | 377 | ✕ | 1,436 | 1,231 | 1,194 | 1,262 | 1,092 | |
| Cost of revenue (Cost of Goods and Services Sold) | (969) | (964) | (939) | (790) | (783) | (830) | (738) | |
| Gross profit: | 536 | 532 | 497 | 440 | 411 | 432 | 353 | |
| Operating expenses | (308) | (301) | (287) | (248) | (243) | (311) | (257) | |
| Other undisclosed operating income | 59 | 27 | ||||||
| Operating income: | 227 | 232 | 210 | 192 | 168 | 180 | 123 | |
| Nonoperating income (expense) | (4) | (4) | 1 | 2 | 0 | (4) | (2) | |
| Foreign currency transaction gain (loss), before tax | 4 | 1 | (1) | 1 | ||||
| Other nonoperating income (expense) | (6) | (7) | (0) | 2 | 0 | (2) | (3) | |
| Interest and debt expense | (21) | (17) | (15) | (12) | (11) | (11) | (13) | |
| Other undisclosed income (loss) from continuing operations before equity method investments, income taxes | (4) | (4) | (1) | 1 | (1) | |||
| Income from continuing operations before income taxes: | 198 | 207 | 196 | 183 | 158 | 167 | 108 | |
| Income tax expense | (42) | (41) | (136) | (47) | (37) | (46) | (35) | |
| Income from continuing operations: | 156 | 166 | 59 | 136 | 121 | 121 | 72 | |
| Income from discontinued operations | 0 | 121 | ||||||
| Net income: | 156 | 166 | 59 | 136 | 121 | 121 | 193 | |
| Other undisclosed net income (loss) attributable to parent | (2) | 77 | ||||||
| Net income available to common stockholders, diluted: | 156 | 166 | 59 | 136 | 121 | 118 | 271 | |
Comprehensive Income ($ in millions)
| 9/30/2019 TTM | 12/31/2018 | 12/31/2017 | 12/31/2016 | 12/31/2015 | 12/31/2014 | 12/31/2013 | ||
|---|---|---|---|---|---|---|---|---|
| Net income: | 156 | 166 | 59 | 136 | 121 | 121 | 193 | |
| Other comprehensive income (loss) | (79) | (65) | 94 | (58) | (44) | (125) | 93 | |
| Comprehensive income (loss): | 77 | 101 | 154 | 78 | 78 | (5) | 286 | |
| Other undisclosed comprehensive income (loss), net of tax, attributable to parent | (2) | 77 | ||||||
| Comprehensive income (loss), net of tax, attributable to parent: | 77 | 101 | 154 | 78 | 78 | (7) | 363 | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.